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Snap CEO Evan Spiegel speaks during the Semafor 2025 World Economy summit in Conrad Washington on April 23, 2025 in Washington, Colombia District.
Kyle Bartkovsky | Gets the image
Hair It is reported higher than expected, on Tuesday’s profit in the first quarter, but refused to provide recommendations with reference to macroeconomic uncertainty that could take over the demand for advertising.
The shares fell up to 11% in the box.
Here’s how the company was compared to Wall Rate expectations:
SNAP did not propose a worldview in the second quarter, citing uncertainty around “as macro economic conditions can develop in the coming months, and how it could affect the demand for advertising more widely.”
Analysts expected $ 1.39 billion in revenue management in the second quarter. The company said it expects daily active users to come about the middle of their second quarter range of 468 million.
“While our income from Topline continues to grow, we have survived the wind to start the current quarter, and we believe it is appropriate to continue to balance our level of investment with the implementation of income,” the company investors said.
Like many technology companies, SNAP is facing a tumultuous macro -nod when it struggles with the developing trade plans of President Donald Trump. Many fear that the world trading uncertainty can lead to a company reduction or distraction this profit season.
Snap brought potential restrictions on the demand for advertising among the cause of the management. Advertising income increased by 9% to $ 1.21 billion a year. This height came mainly with a direct answer. The company also stated that brand -oriented revenues decreased by 3% compared to a year ago.
The company is not alone. Last Thursday alphabet report Sales in the first quarter amounted to $ 90.23 billion, which exceeded Wall Street expectations but executives told analysts What the company can test the winds in its online advertising business in the Asia-Pacific region.
SNAP reduced its high -grade operating expenses to $ 2.65 billion to $ 2.70 billion, which decreased from $ 2.70 to $ 2.75 billion. The company also revised its full -year stock compensation management up to $ 1.13 billion from $ 1.15 billion to $ 1.20 billion.
Sales in the first quarter Snap jumped 14% to $ 1.36 billion from $ 1.19 billion a year. The company reported a net loss of about $ 140 million, or 8 cents per share. During the year, it narrowed 54% of approximately $ 305 million or 19 cents. EBITDA’s corrected $ 108 million, heading $ 64 million from Streitaccount.
The company attributed to the loss of 8 cents to $ 70.1 million related to the payment of funds, based on the stock costs and other costs related to the 2024 restructuring. “These allegations do not reflect the main trends in our business,” the company said.
Snap posted 460 million daily active users during this period, which is compared to 453 million in the previous quarter. The company also stated that it reached 900 million active users a month, compared to 850 million in August, the last SNAP provided the Stat.
Meta reports the last income on Wednesday and then goes Reddit On Thursday and Pinterest May 8.